Insurance: An insurance company sells a  1 -year term life insurance policy to an  85 -year-old woman. The woman pays a premium of  $2300 . If she dies within  1  year, the company will pay  $62,000  to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an  85 -year-old woman will be alive  1  year later is  0.9645 . Let  X  be the profit made by the insurance company. Part: 0 / 2 0 of 2 Parts Complete   Part 1 of 2     (a) Find the probability distribution.The probability distribution is x   2300 Px

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Insurance: An insurance company sells a 

1

-year term life insurance policy to an 

85

-year-old woman. The woman pays a premium of 

$2300

. If she dies within 

1

 year, the company will pay 

$62,000

 to her beneficiary. According to the U.S. Centers for Disease Control and Prevention, the probability that an 

85

-year-old woman will be alive 

1

 year later is 

0.9645

. Let 

X

 be the profit made by the insurance company.

Part: 0 / 2
0 of 2 Parts Complete
 
Part 1 of 2
 
 

(a) Find the probability distribution.

The probability distribution is

x
 
2300
Px
 
 
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